AQUA BOOK 2015 - Page 13

Corpus Christi Migrants & Housing Inventory
ECONOMIC TRENDS
Source: Real Estate Center, TAMU.
Local households typically spend about 40 percent on housing. Local homes have become
increasingly less affordable as home prices have appreciated at a pace comparable to that during
the last real estate boom in the mid-2000s. By the end of 2014, the average home price had
exceeded $200,000, as the median home price had topped above $175,000.
Annual Review of South Texas Economy
11